Total healthcare spending by the American people is projected to reach at least $5.9 trillion this year. Over $2 trillion of that is estimated to be spent by the federal government on programs such as Medicare, Medicaid, and veterans’ healthcare. That is approximately 30% of all federal spending—thus making healthcare one of the biggest items in the federal budget and a major reason why the federal debt is increasing by almost $1 trillion every three months! With healthcare constituting such a large part of the federal budget— and with healthcare costs increasing for millions of Americans thanks to the expiration of the 2021 Obamacare subsidies—Congress must eliminate wasteful healthcare spending.
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